Legislative Council - Fifty-Fifth Parliament, First Session (55-1)
2022-11-01 Daily Xml

Contents

Betting Operations Tax

161 The Hon. H.M. GIROLAMO ().28 September 2022). Can the Treasurer advise:

1. Proceeds for the betting operations tax in a table on an annual basis since its inception, as

well as the forward estimates.

2. Whether the betting operations tax is being reviewed and, if so, when will the review be

completed? What are its terms of reference?

3. Whether, once finalised, the review will be made public?

The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector): The Treasurer has advised:

1. The total taxation revenue received through the betting operations tax on an annual basis since its inception, as well as the forward estimates is outlined in the table below. The estimates from 2021-22 are consistent with forecasts contained in the 2022-23 budget. These will be updated as part of the 2021-22 final budget outcome and 2022-23 Mid-Year Budget Review, due for release later this year.

A proportion of the revenue raised through the betting operations tax is returned to the racing industry to support its operation. In addition, a legislated contribution from the revenue received is paid into the Gamblers Rehabilitation Fund.

2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
Outcome Outcome Outcome Outcome Est. Result Estimate Estimate Estimate Estimate
$m $m $m $m $m $m $m $m $m
32.4 35.2 34.4 47.3 46.1 48.2 50.0 51.6 53.2


2. No review of the betting operations tax is being undertaken at this point in time.